The concept 23:40 Nov 17, 2013
Hi Julian,
I've just realised that I didn't address your sub-question about the concept.
My understanding is this: Say you want to have a building constructed and I'm a construction company. You are aware that my ability to perform the contract depends on my suppliers and my contracts with those suppliers. So, the contract between you (customer) and me (construction company) can insist that I take out an insurance policy in case my suppliers fail in some way, but the contract can also specify that I "assign" the insurance to you i.e. if my suppliers fail *you* get the insurance pay-out I've paid for.
Would that make sense in the context of what you're translating? |